Loop Crypto Partners with Lead Bank to Capitalize on Stablecoin Growth Opportunity
As reported by COINOTAG on December 11, Loop Crypto announced a strategic alliance with Lead Bank to capitalize on the anticipated growth of stablecoins. The collaboration blends Lead Bank’s enduring community banking footprint with Loop Crypto’s digital-asset platform, targeting fintech and institutional clients seeking compliant, scalable cryptocurrency services.
Lead Bank is a 97-year-old community bank based in Kansas City that shifted toward fintech and crypto after its 2022 acquisition by a leadership group led by Jackie Reses. Earlier this year, it closed a $70 million Series B, valuing the bank at about $1.47 billion. Backers include a16z, ICONIQ, Greycroft, Ribbit Capital, Coatue, Khosla Ventures, and Zeev Ventures.
Loop Crypto has raised roughly $6 million to date, with a portion from a16z. The new alliance underscores a targeted push into institutional-grade crypto services, reinforcing fintech interoperability and disciplined risk controls within digital-asset markets.